Envestnet Stock Forecast, Price & News

10 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Envestnet in the last year. There are currently 2 hold ratings, 7 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Envestnet stock.
View analyst ratings for Envestnet or view top-rated stocks.

Wall Street analysts have given Envestnet a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Envestnet wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Envestnet is scheduled to release its next quarterly earnings announcement on Thursday, August 5th 2021.
View our earnings forecast for Envestnet.

Envestnet, Inc. (NYSE:ENV) released its quarterly earnings data on Thursday, May, 6th. The business services provider reported $0.64 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.03. The business services provider earned $275.10 million during the quarter, compared to analyst estimates of $273.48 million. Envestnet had a net margin of 1.87% and a trailing twelve-month return on equity of 11.50%. The firm's revenue was up 11.6% compared to the same quarter last year. During the same period last year, the firm posted $0.57 earnings per share.
View Envestnet's earnings history.

Envestnet's stock was trading at $63.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ENV stock has increased by 21.8% and is now trading at $77.14.
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Envestnet issued an update on its second quarter 2021 earnings guidance on Thursday, May, 27th. The company provided EPS guidance of 0.530-0.550 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.530. The company issued revenue guidance of $281 million-$284 million, compared to the consensus revenue estimate of $282.64 million.

10 Wall Street analysts have issued 1-year price targets for Envestnet's stock. Their forecasts range from $79.00 to $99.00. On average, they anticipate Envestnet's share price to reach $89.00 in the next twelve months. This suggests a possible upside of 15.4% from the stock's current price.
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44 employees have rated Envestnet CEO Bill Crager on Glassdoor.com. Bill Crager has an approval rating of 100% among Envestnet's employees. This puts Bill Crager in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Envestnet include Facebook (FB), SEA (SE), Equinix (EQIX), Twitter (TWTR), eBay (EBAY), CoStar Group (CSGP), VeriSign (VRSN), Akamai Technologies (AKAM), Opendoor Technologies (OPEN), Angi (ANGI), J2 Global (JCOM), LivePerson (LPSN), Stamps.com (STMP), SPS Commerce (SPSC) and Cornerstone OnDemand (CSOD).
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Based on aggregate information from My MarketBeat watchlists, some companies that other Envestnet investors own include Hawkins (HWKN), CA (CA), BlackRock (BLK), Endologix (ELGX), Micron Technology (MU), Chipotle Mexican Grill (CMG), Crown Castle International (CCI), Transocean (RIG), Alibaba Group (BABA) and Intel (INTC).

Envestnet trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENV."

Envestnet's stock is owned by a variety of retail and institutional investors. Top institutional investors include Janus Henderson Group PLC (4.08%), Federated Hermes Inc. (2.96%), DF Dent & Co. Inc. (2.45%), Clearbridge Investments LLC (2.33%), Ameriprise Financial Inc. (2.30%) and Stephens Investment Management Group LLC (2.21%). Company insiders that own Envestnet stock include Anil Arora, Brandon Thomas, Joshua Mayer, Judson Bergman, Matthew Majoros, Peter D'arrigo, Scott D Grinis, Shelly O'brien, Stuart Depina and William Crager.
View institutional ownership trends for Envestnet.

ENV stock was sold by a variety of institutional investors in the last quarter, including D. E. Shaw & Co. Inc., Standard Life Aberdeen plc, Victory Capital Management Inc., Fiera Capital Corp, Robeco Institutional Asset Management B.V., Envestnet Asset Management Inc., New York State Common Retirement Fund, and Arrowstreet Capital Limited Partnership. Company insiders that have sold Envestnet company stock in the last year include Anil Arora, Brandon Thomas, Shelly O'brien, Stuart Depina, and William Crager.
View insider buying and selling activity for Envestnet or view top insider-selling stocks.

ENV stock was purchased by a variety of institutional investors in the last quarter, including Federated Hermes Inc., Oak Ridge Investments LLC, Ameriprise Financial Inc., TimesSquare Capital Management LLC, Champlain Investment Partners LLC, Eaton Vance Management, Millennium Management LLC, and Stephens Investment Management Group LLC.
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Shares of ENV can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of ENV stock can currently be purchased for approximately $77.14.

Envestnet has a market capitalization of $4.20 billion and generates $998.23 million in revenue each year. The business services provider earns $-3,110,000.00 in net income (profit) each year or $1.74 on an earnings per share basis.

Envestnet employs 4,250 workers across the globe.

The official website for Envestnet is www.envestnet.com.

Envestnet is headquartered at 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601.

Envestnet's mailing address is 35 EAST WACKER DRIVE SUITE 2400, CHICAGO IL, 60601. The business services provider can be reached via phone at 312-827-2800 or via email at [email protected]